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South Korea: Central government debt

Millions of local currency · 1911–2024 · 101 observations · forecasts to 2026 · cgovdebt

2024
1,140 trillionlocal currency
Change on 2023
+4.4%year on year
Average growth, 2014–2024
+8.6%a year

Central government debt

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10M1B100B10T1,000T192019401960198020002020South KoreaSouth Korea
ForecastLocal currency

Compare with other countries →Definition of Central government debt

Recent values

Millions of local currency

YearValue
20261,401,286,206Forecast
20251,224,965,063Forecast
20241,144,663,592
20231,095,911,401
20221,033,399,967
2021939,100,029
2020819,200,024
2019698,999,996
2018651,799,991
2017627,400,030
2016591,900,026
2015556,499,957

Sources

This series is derived from other GMD variables.

South Korea documentation (PDF)

More for South Korea

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Central government debt elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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